Tag: fails

Travel giant Thomas Cook fails to find private funds to avert collapse: Source

Loknath Das

Iconic British travel firm Thomas Cook has failed to find further private investment to stave off collapse and is now relying on an unlikely government bailout, a source close the matter told AFP on September 21. The operator had said on September 20 that it needed 200 million pounds ($ 250 million) — in addition to the 900-million pound rescue deal secured last month — or else face administration, which could potentially trigger Britain’s largest repatriation since World War II. A source close to the negotiations told AFP that the company had failed to…

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Education Secretary fails to name any respected educational expert who wants more grammar schools

Loknath Das

Justine Greening, the Education Secretary, has failed to name any respected educational expert or institution that supports extending grammar schools as she prepares to launch a consultation into the policy. Ms Greening also refused to rule out introducing quotas for the most disadvantaged children in England to attend to grammar schools, saying the Government would not elaborate on details before publication of a White Paper on the controversial policy. The Education Secretary’s comments come as she outlined at a speech on Thursday how the Government will introduce a new model for grammar…

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